Post #27 by BRKNut on the Mechanical Investing board

Investment Strategies / Mechanical Investing

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I wandered over here from the Berkshire board. I wholeheartedly agree with Manlobbi that real, general AI is a dead end as a science.

I’m reading a book titled “The myth of Artificial Intelligence- why machines can’t think like humans “ by Erik J Larson and he says the same thing. He talks of Deduction, Induction and Abduction. Abduction, loosely understood is what we think of as conjecture, common sense.

Manlobbi is correct, AI currently only statistical and nowhere close to attempting Abduction.

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